When I'm right I always like to shove it in my opponent's face. There's nothing more satisfying than the good old I told you!

I have a friend who is always reluctant to buy. He has some money on the side and his trading strategy is like this:
-wait for Bitcoin to be in a strong uptrend.
-Buy
-wait for it to reach about 10% profit
-sell
-watch it go up more
-regret selling every day and tell friends how you made a mistake.

He's been at it for years and this year he again bought at 12 thousand and sold somewhere around 14. I've been telling him for at least 5 years to buy and hold.

Hackers are already trying to get your coins but they were trying in 2017 and 2018 too when Bitcoin was above 10 thousand dollars. Do you think that having 1 Bitcoin in 2019 when it was worth less than 10 thousand dollars made you safe from hackers? If they had a way to get your coins they would do it in an instant and take everything without regrets.

I'd be more worried about people around you knowing that your bitcoin is now worth 200 or 300 thousand dollars. For many people it's a life-changing fortune.


$17740 

If you need the vaccine to survive, how is it that you're not sick by now or dead? Before the vaccine goes to normal use and becomes available around the world many months will pass.

How are you going to survive until then if the vaccine is so dangerous and deadly. What if it is not? What if the vaccine is just another way for corporations and governments to make money out of something most people will never really need?

Your goals are pretty low since the price is already 17400.

It only took a day for it to go up by $500 and we have more than 40 days left before the end of the year.

With how much money Greyscale and other institutions have allocated into Bitcoin, they're making a million dollars every week.

With low investment you're going to have low profit and exchange fees will reduce it even further.

Treat trading crypto like trading your time for money. If you earn $20 a day, how many hours were you trading to reach that? Would you be able to make this much without taking a risk?

If your trades bring profit but the profit is low it usually means your trades are too small. Just don't try to increase them through leverage because it makes trading much harder.

Their plan is to make money. With them it's just that they are taking the high risk - high reward road. If you look from their perspective they took a small risk but it paid out so now they're going all in because with Bitcoin it's not like rolling the dice every time. The longer it remains unbroken the stronger it becomes.

In 2015 it was full of uncertainties and promoted but now it's finally beginning to be recognized as digital gold by the media.

I can think of better places to find a date than Tinder, but people keep using Tinder. 

I think the coins are real but much more vulnerable than if you bought them on Binance and moved to a software wallet.

It would be great if those bullish predictions by Citibank and others came close to reality but usually when mainstream media wake up and go bullish we're already half way into the bull and not that far from the top.

I somewhat agree and won't be using their service.

For us, bitcoiners with a little experience, there's no point buying coins that you can't move to your own wallet using PayPal, but this service is not for us and is not a scam.
It's made for PayPal users who don't have accounts on crypto exchanges yet and would never have.
Now they can get Bitcoins without doing any additional work and getting verified on some new platform.

A lockdown is the worst thing he can do and far from being a solution for anything but maybe stopping migrations lol

If he does it he's going to bankrupt businesses and it won't change anything for covid. The lockdown will have to be lifeted at some point and then whoever did not get covid in the first and second wave will finally get it. This is not something we can stop. We can delay it, that's all.

Very nervous that's funny. I bet he also gets nervous when GBP is down and XBT up.

Too much nerves will get you bald early, Andrew... oh, wait.  

I'm pretty sure GBP is going to be less important than bitcoin for the world economy.

It's really easy as long as your banks offer international transfers.

You can move fiat money abroad and set up an account in another crypto friendly country like Estonia, Germany or Belarus. I also don't think the US will ever ban cryptocurrencies.

You can also send fiat to a foreign crypto exchange because your government can ban exchanges in your country but has no jurisdiction outside it.

HODLing is important and I love the term because it's so simple and meaningful at the same time.

We shouldn't keep doing it for lifetime as the purpose of every investment is to profit. A profit doesn't mean anything when you cannot use it to make your life better.

What are you going to do with your millions in bitcoin when you're 70 years old?

It's not per day. Yo have to read the post right below OP. It's all explained there.

4% per day is never legit. That would be 120% a month. Only ponzi schemes can offer that much. If it was legit nobody would be trading anymore as most traders barely make 10% a month. People who could earn 120% without lifting a finger would just put 0.1 bitcoin there and quit their day jobs.

Correct.

The only thing that kept people away from it was the uncertainty of how countries will approach it. There were many conspiracy theories that this or that country will fight and ban it. Some politicians were negative like there was a congressman in the US who said it's money of the criminals and should be banned.

Once the rumors remained that and only that more people begun to trust Bitcoin and consider it a worthy investment.

Now there's little that can damage it.

It's possible it was a mistake or someone's private opinion being projected on the content.

It's a big company and they have people responsible for compliance, political correctness and such.

Maybe this wasn't discussed on the highest level but a low level manager chose that this or that should be censored and when people reacted was forced to make it back the way it was?

Are you being sarcastic or is it your real opinion?

An idea that altcoins steal bitcoin's value and that if people continue to buy altcoins they will at some point push their value above Bitcoin is very naive.

In truth altcoins would have never existed without bitcoin and died if bitcoin were to die. Like do you think that if any country bans bitcoin it will not ban altcoins?

So the whole time we were running the Bitcoin network that processes transactions for millions of people around the world we were also helping CIA to decypher UFO data?

If they only knew how much Bitcoin would be worth they'd simply buy mining software, power it up with their free power and free network somewhere at the Hoover Dam and have enough money for a moon base, ocean floor habitat or something 

Not really.

I remember Chiese FUD from 2015 and it was all about exchanges being shut down. First they were planning to ban Bitcoin then banned only exchanges, then there were rumors about mining bans and such.

These news mattered for 2 reasons.
1. There were still big exchanges in China and a lot of trading volume came from there. Not anymore.
2. People believed in the news because they thought it could be real but the more of it was disproved the less people reacted to the new ones.

Yes, I'm sure it acted as a reinforcement.

Investors always look for signs of strength or weakness on the market. A fall from 20 thousand to 6 thousand was a sign of weakness and we fell even lower to 3000.

A rebound back to 6000 was the first sign of strength followed by 10 thousand and then 14. Each of these made more investors join the rally.

Private keys should be even more secure. More like your password than your card details.

Knowing your card number a thief can make a transaction but this transaction will be small because most people have limits on their cards and would require a pin code for a larger transaction.

Knowing your private key they can drain your wallet to 0 without any pins or numbers.

Storing in the cloud is stupid.